SPI weekly earning and holdings Report | Year 05 | Week 48

Welcome to the weekly SPI Report

Each Sunday, @spinvest uploads an earnings and holdings report to keep investors up to date with fund performance and news. You can subscribe to these weekly reports in the comments.

SPI is the flagship growth token for the SPinvest fund. Launched in June 2019. SPI tokens act as both a token of ownership and a governance token. Since launch, we've been able to 7x the HIVE value (including revaluations and token split) and 12x the dollar value of the fund.
We are now in our 5th year of operation and still going strong as we stick to our plan of investing the bulk of our holdings into time-served investments and HODL.

Our motto is = Getting Rich Slow

In our expansive portfolio, we are involved in over 30 investments, with a significant portion dedicated to HIVE, BTC, and ETH. We firmly believe in avoiding impulsive actions driven by the fear of missing out or chasing unattainable aspirations. Instead, we rely on tried and tested strategies that have proven to be the most effective and secure.

Our guiding principle is to accumulate wealth steadily, adhering to the philosophy of "Get rich slowly." We employ the power of compounding by consistently reinvesting in sound opportunities to amplify our returns over time.

When considering SPI tokens, it is essential to adopt a long-term perspective, aiming to hold them for a minimum of 3-5 years. Our rationale behind this recommendation lies in the belief that substantial returns require patience and allowing investments to mature organically. By committing to an extended investment horizon, you significantly increase the probability of maximizing your potential gains. This aligns perfectly with our overall investment philosophy and strategy, ensuring sustainable growth and profitability in the long run.

HIVE income this week is about the same as always but we got a nice 1 time boost and going forward.

We convert 1 BTC into 200k with 100k of that HIVE going to leo.voter, this will increase HIVE income for for next 9-12 months which is good news. The 1-time bonus is simply leftover HIVE from the trade. We could add 978 into the wallet to drip away are do a juicy 1 off dividend for everyone as a celebration for hitting our BTC to HIVE ratio target.

Next week, we will see what our new benchmark is from the extra 100k HPO going to leo,voter. Good Times

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We see a massive jump in our HP balance as we've powered up 200k HIVE. Our HBD balance has also taken a jump up because the price of HIVE ( and everything else) has crapped itself. It's been over 3 years since such a high percentage of the total SPI fund was in the form of HIVE. Feels weird and a good thing is we'll see a more stable SPI token price.

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Not much happening here to be honest, HE tokens have not yet caught up with the market correction that took place a few hours ago. Next week, im sure we'll be sitting on a much higher HIVE profit than we our today. Remember that, 14k HIVE this week on our HE wallet. Next week, it'll be much higher.

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Big changes here, this is the first time SPI has not held any BTC for closer to 4.5 years. We bought it for $9.5k, and converted into 200k HIVE worth $64k for a $54.5k profit. Not bad for 4 years of HODLing. I understand a few might be concerned as selling BTC is a no-no but if we believe that HIVE can hit $2 again are at least $1 then we will have made a good trade. I mean do we see BTC going to $200k and if so, would we (I) beable to hold out till that price are be greedy like last cycle and miss it completely? At least with HIVE, we are aiming low, we're aiming for a price that HIVE smashed through past cycle, not a new time high which on paper should reduce our risk.

That big dip in the charts is sad looking all the same but we cant cry much for a $54k profit.

No going to talk about the BTC to HIVE ratio this week, just going to say check out the "weighted" chart below and you'll see how dominant HIVE is now for SPI. Last cycle I watched our BTC grow to be worth over 300k HIVE by Jan 2021 and I remember thinking in Dec 2021 when HIVE was over $3, damn, if we'd converted our BTC into HIVE, we'd have over $600k. Decided there and then, not making that mistake again for 2025.

Also, I might consider using up some more HBD to buy more crypto. Nothing new, more to buy more if what we already have, anything we've bought this year excluding PEPE and FET is now cheaper than what we paid. On a good note, our SP500 is only down a few dollars. I'll probally next touch the HBD but the temptation is there knowing we can buy 15 cents DOGE and it'll be over 50 cents in a years time.

HIVE took a massive hit over the past 24 hours, everything has taken a massive hit. We were lucky and got our BTC to HIVE trade done, this is alot earlier than i thought and i had been thinking we'd have converted our BTC into HIVE in Q4 of the year but whatever, sooner better than later or never. It is likely we'll see 1 BTC to 250k+ HIVE but we had a plan and we should stick to it. At least now, we can earn a yield from it, until now our BTC worth $65k has been earning no yield.

So HIVE's $ price took a massive hit and we've just added 200k HIVE into the kitty so the fund value is up big time this week, up 10.15%. This pushes us to a juicy 34.20% YTD profit with only 4 weeks left in the year and the fund sitting very HIVE rich meaning a much more stable price. I can say, im fairly sure we'll finish this year with over 20% growth.

I could waffle on but i think thats a good place to leave it. We're 34% up YTD!

Enjoy the juicy dividends this week

Links to all projects under SPinvest

Token Name	Main Account	Link to hive-engine
SPI token	@spinvest	SPI
LBI token	@lbi-token	LBI
Top XV token	@spinvest	XV
Eddie Earners	@eddie-earner	EDS
EDS mini miners	@eddie-earner	EDSM
EDS micro miners	@eddie-earner	EDSMM
DAB	@dailydab	DAB
DBOND	@dailydab	DBOND

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